Monday, Jan 18, 2021 | Last Update : 12:11 PM IST

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Economy | The Asian Age

Cities key to India's post-pandemic growth: WEF study

The study by the Geneva-based World Economic Forum (WEF) said the unfolding COVID-19 pandemic has been catastrophic for cities

10 Jan 2021 12:52 PM

Government launches crackdown on 7,000 GST evaders, 187 arrested

The government netted a record GST collection of Rs 1.15 lakh crore in December 2020, helped by the action against tax evaders

03 Jan 2021 9:38 PM

WPI inflation rises to eight-month high in October

As per the data, this is the highest level of Wholesale price index-based or WPI inflation since February

18 Nov 2020 2:38 AM

Indian economy may be recovering faster than anticipated: Oxford Economics

Inflation is expected to average significantly above 6 per cent in the fourth quarter of the current fiscal, it said.

15 Nov 2020 2:49 PM

FM Sitharaman announces new stimulus measures for India's COVID-stricken economy

Among the many announcements made by the finance minister include a new job creation scheme

12 Nov 2020 4:16 PM

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With India's economy in a tailspin, Cabinet approves PLI plan for 10 key sectors

Under the five-year scheme that will continue till 2025, extra domestic production will be encouraged in 10 key sectors

12 Nov 2020 1:16 PM

Mid sized banks report higher Q2 net profit as asset quality improves

Fresh slippages were lower in the absence of lumpy corporate non-performing assets

07 Nov 2020 10:54 AM

RBI announces Co-lending scheme for banks, NBFCs for priority sector

The primary focus of the revised scheme is to improve the flow of credit to the unserved and underserved sector of the economy

06 Nov 2020 1:42 PM

Even as economic recovery continues, India lost 5.5 lakh jobs in October

October is the first month since the recovery began in May that has recorded a fall in employment

06 Nov 2020 2:27 AM

Manufacturing PMI expands to 13-year high in October, signals economic recovery

The survey, however, showed that the Asia’s third-largest economy was signalling a fast recovery

02 Nov 2020 7:36 PM

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GST collections cross Rs 1L crore for the first time after COVID-19 hit India

The revenues collected for the month are 10 per cent higher than the GST revenues in the same month last year

01 Nov 2020 8:18 PM

India's economy worst-hit among emerging markets

At 4.9 per cent retail inflation in 2020 will be the highest in India.

31 Oct 2020 12:30 PM

Gold demand in India plunges to 25-year low

India’s gold demand in 2020 might be the lowest in 25 years as the pandemic has already dragged down consumption in the first three quarters

30 Oct 2020 12:54 PM

Hospitality industry sees signs of revival in September

Revenue per available rooms grew 12 to 14 per cent month-on-month to Rs 815 – Rs 935, as per the data from HVS and Anarock.

30 Oct 2020 12:45 PM

RBI asks lenders for ex-gratia payment of interest on interest scheme

Government set November 5 as the deadline for banks to implement the waiver of 'interest on interest' scheme for six months

28 Oct 2020 3:28 PM

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India receives $35 billion FDI in first five months of the fiscal

FDI is largely made by multinational companies, large institutions and private equity and venture capital firms

21 Oct 2020 12:35 PM

Centre to borrow Rs 1.1 lakh cr GST compensation for states

The amount so borrowed will be passed on to the states as a back-to-back loan in lieu of GST Compensation Cess releases

16 Oct 2020 5:51 PM

RBI gives relief to big ticket loans of above Rs 75 lakh

The latest announcement regarding home loan risk has done away with the requirement of factoring in loan amount while setting risk weights

10 Oct 2020 5:43 PM

RBI keeps key rates unchanged; signals more easing to protect India's economy

The six-member Monetary Policy Committee voted unanimously to retain the benchmark repo rate at 4 per cent

09 Oct 2020 2:09 PM

Centre's interest waiver policy is manageable, say analysts

State Bank of India’s new chairman Dinesh Khara in his first press interaction refused to comment on the issue as the matter is subjudice.

08 Oct 2020 5:24 PM

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